2306 Leigh St Richmond, VA 23223-7230
This exceptional 3,308 square foot property, located in the heart of Church Hill, presents a unique investment opportunity. Currently configured as a former salon, the 1,578 square foot ground floor space is available for immediate occupancy. All existing salon equipment and supplies are included, making this a truly turnkey operation for a prospective salon owner. However, the flexible layout and prime location also make it perfectly suited for a variety of other uses, including retail, restaurant, or coffee shop concepts. The building's strategic position directly across from Union Market provides unparalleled visibility and access to a high volume of foot traffic. This vibrant neighborhood boasts a thriving community, with popular neighboring establishments such as Pizza Bones, Sub Rosa Bakery, and Roosevelt. The property's single-tenant occupancy ensures ease of management and potential for strong rental income. This is a rare chance to acquire a well-situated, versatile commercial space in one of Richmond's most desirable neighborhoods. The property offers significant potential for a variety of businesses seeking a high-traffic location with existing infrastructure. Don't miss this opportunity to establish your business in the heart of Church Hill.
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Seven Hills Studio Hair Salon
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Eleos Pilates Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
UB-PE1-PE6 PARKING EXEMPT · Richmond, VARichmond. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.